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4. A company is considering two projects: Project A requires an investment today of 500,000. It will return 7,854 at the end of each
4. A company is considering two projects: Project A requires an investment today of 500,000. It will return 7,854 at the end of each year, forever (beginning one year from today). Project B requires an investment today of 94,098.77. It will return X at the end of each year for ten years. The IRR for Project B is twice the IRR for Project A. Determine X. IRRA 2JRRB
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